trump strike jobs major heres tax business tube john people

It’s not about Rayner or Farage: the real tax story is how the super-rich avoid paying their share| Rebecca Gowland

To focus on individuals is misguided: the problem is a tax system hugely skewed in favour of the ultra-wealthySign up for our new weekly newsletter Matters of Opinion, where our columnists and writers will reflect on what they’ve been debating, thinking about, reading and moreIt’s been tiresome to see the glee with which Angela Rayner’s been accused of hypocrisy this week, but then anyone who sticks their neck out to call for an end to this engine of wealth inequality gets the same battering. Millionaires who’ve seen first-hand just how completely the system is rigged in their favour, who know how wrong it is and want to change it, get a similar verbal beating on social media and in certain sections of the press. It’s almost as if they protest too much?Take this week’s political tax stories, one big and one largely ignored. Rayner’s tax behaviour, through lack of proper advice and planning, has created a political nightmare for the government. How could someone on the frontbench of the Labour government have to resign because they didn’t pay enough tax? Also scrutinised, if far less widely reported, have been the tax practices of the leader of Reform UK, who is reported to have channelled some of his earnings into a company to reduce the tax he has to pay on them, having previously criticised people who try to avoid tax as the “common enemy”.Rebecca Gowland is executive director of Patriotic Millionaires International Continue reading...

Comments

Business News

London's high costs cannot be allowed to harm its appeal to global investors

Evening Standard

London's high costs cannot be allowed to harm its appeal to global investors

about 1 hour ago

Raise the £450k LISA limit to give London's first time buyers a helping hand

Evening Standard

Raise the £450k LISA limit to give London's first time buyers a helping hand

about 1 hour ago

Rick Stein’s restaurant firm among those to miss gender pay reporting deadline

Evening Standard

Rick Stein’s restaurant firm among those to miss gender pay reporting deadline

about 1 hour ago

Want to scale faster? It might be time to find a mentor

Evening Standard

Want to scale faster? It might be time to find a mentor

about 1 hour ago

Rick Stein’s restaurant firm among those to miss gender pay reporting deadline

Rick Stein’s restaurant firm among those to miss gender pay reporting deadline

about 1 hour ago

European Central Bank leaves rates unchanged as economy weathers Trump's tariffs

European Central Bank leaves rates unchanged as economy weathers Trump's tariffs

about 1 hour ago

Applications for jobless benefits jump to 263,000 last week, most in nearly 4 years

Applications for jobless benefits jump to 263,000 last week, most in nearly 4 years

about 1 hour ago

South Korean workers detained in immigration raid headed to Atlanta for flight home

South Korean workers detained in immigration raid headed to Atlanta for flight home

about 1 hour ago

US inflation heats up in August, slightly ahead of month-earlier pace

US inflation heats up in August, slightly ahead of month-earlier pace

about 1 hour ago

Comedy Central pulls ‘South Park’ episode mocking Charlie Kirk after assassination

Comedy Central pulls ‘South Park’ episode mocking Charlie Kirk after assassination

about 1 hour ago

‘The Rings Of Power’ Teases A Powerful Season 3 Weapon In New Video

‘The Rings Of Power’ Teases A Powerful Season 3 Weapon In New Video

about 1 hour ago

3 KPop Demon Hunters Tours That Are More Than Photo Ops

3 KPop Demon Hunters Tours That Are More Than Photo Ops

about 1 hour ago

Manhunt For Charlie Kirk’s Shooter Continues Into Second Day (Live Updates)

Manhunt For Charlie Kirk’s Shooter Continues Into Second Day (Live Updates)

about 1 hour ago

The Monsters In Yeon Sang-Ho’s Film ‘The Ugly’ Are All Humans

The Monsters In Yeon Sang-Ho’s Film ‘The Ugly’ Are All Humans

about 1 hour ago

AC/DC Stopped From Returning To No. 1 By Three Powerhouse Women

AC/DC Stopped From Returning To No. 1 By Three Powerhouse Women

about 1 hour ago

Ralph Lauren Kicks Off New York Fashion Week

Ralph Lauren Kicks Off New York Fashion Week

about 1 hour ago

Taylor Swift’s Album Of The Year Winner Reaches A Momentous Milestone

Taylor Swift’s Album Of The Year Winner Reaches A Momentous Milestone

about 1 hour ago

Robert Griffin III On What Impresses Him Most About Minnesota Vikings QB J.J. McCarthy: ‘Leadership’

Robert Griffin III On What Impresses Him Most About Minnesota Vikings QB J.J. McCarthy: ‘Leadership’

about 1 hour ago

Morgan Wallen Blocks Himself From Scoring A New No. 1 Hit

Morgan Wallen Blocks Himself From Scoring A New No. 1 Hit

about 1 hour ago

Merck’s move to axe £1bn UK expansion was ‘commercial decision’, says minister

Evening Standard

Merck’s move to axe £1bn UK expansion was ‘commercial decision’, says minister

about 3 hours ago

THG profits hit by high whey protein costs as trading gains momentum

Evening Standard

THG profits hit by high whey protein costs as trading gains momentum

about 3 hours ago

Ride-hailing app Bolt records spike in hospital trips amid Tube strikes

Evening Standard

Ride-hailing app Bolt records spike in hospital trips amid Tube strikes

about 3 hours ago

Potential contactless card changes could give abusers green light, charity fears

Evening Standard

Potential contactless card changes could give abusers green light, charity fears

about 3 hours ago

Pharma giant ditches £1bn London research hub and says UK ‘is not internationally competitive’

Pharma giant ditches £1bn London research hub and says UK ‘is not internationally competitive’

about 3 hours ago

THG profits hit by high whey protein costs as trading gains momentum

THG profits hit by high whey protein costs as trading gains momentum

about 3 hours ago

Merck’s move to axe £1bn UK expansion was ‘commercial decision’, says minister

Merck’s move to axe £1bn UK expansion was ‘commercial decision’, says minister

about 3 hours ago

Trainline shares accelerate on rosier earnings outlook

Trainline shares accelerate on rosier earnings outlook

about 3 hours ago

Ride-hailing app Bolt records spike in hospital trips amid Tube strikes

Ride-hailing app Bolt records spike in hospital trips amid Tube strikes

about 3 hours ago

Down to the wire: California lawmakers announce last-minute climate and energy package

Down to the wire: California lawmakers announce last-minute climate and energy package

about 3 hours ago

World's toymakers set up shop in El Segundo's new toy hub to be near Barbie

World's toymakers set up shop in El Segundo's new toy hub to be near Barbie

about 3 hours ago

Potential contactless card changes could give abusers green light, charity fears

Potential contactless card changes could give abusers green light, charity fears

about 3 hours ago

Trump’s Top Envoys Tell Europe U.S. Will Double Gas Exports In 5 Years

Trump’s Top Envoys Tell Europe U.S. Will Double Gas Exports In 5 Years

about 3 hours ago

Flick Could Drop FC Barcelona Heavyweight For Valencia Clash

Flick Could Drop FC Barcelona Heavyweight For Valencia Clash

about 3 hours ago

Trump Encouraged Detained Hyundai Plant Workers To Stay Back, Delaying U.S. Exit: South Korea Claims

Trump Encouraged Detained Hyundai Plant Workers To Stay Back, Delaying U.S. Exit: South Korea Claims

about 3 hours ago

Another Economic Scandal Is Brewing That Trump Must Confront

Another Economic Scandal Is Brewing That Trump Must Confront

about 3 hours ago

Trainline shares accelerate on rosier earnings outlook

Evening Standard

Trainline shares accelerate on rosier earnings outlook

about 4 hours ago

Heathrow airport hails busiest ever month with eight million passengers

Evening Standard

Heathrow airport hails busiest ever month with eight million passengers

about 4 hours ago

Trainline shares accelerate on rosier earnings outlook

Trainline shares accelerate on rosier earnings outlook

about 4 hours ago

Rachel Reeves admits economy is ‘stuck’ as she confirms business rates overhaul

Rachel Reeves admits economy is ‘stuck’ as she confirms business rates overhaul

about 4 hours ago

John Lewis and Waitrose owner loses £88 million after national insurance hike

John Lewis and Waitrose owner loses £88 million after national insurance hike

about 4 hours ago

Heathrow airport hails busiest ever month with eight million passengers

Heathrow airport hails busiest ever month with eight million passengers

about 4 hours ago

Asian shares are mostly up after US stocks inch to more records as inflation slows

Asian shares are mostly up after US stocks inch to more records as inflation slows

about 5 hours ago

Mexico's new tariffs on Asian imports aim to counter US trade pressures

Mexico's new tariffs on Asian imports aim to counter US trade pressures

about 5 hours ago

Heir to Barneys luxury empire served with explosive tax-fraud lawsuit at NYC book event: ‘Gene went crazy’

Heir to Barneys luxury empire served with explosive tax-fraud lawsuit at NYC book event: ‘Gene went crazy’

about 5 hours ago

Primark boss issues stark warning to Reeves over Budget

Primark boss issues stark warning to Reeves over Budget

about 5 hours ago

How The CW Is Betting On Sports To Attract Viewers And Advertisers

How The CW Is Betting On Sports To Attract Viewers And Advertisers

about 5 hours ago

This Decisive Talk Convinced FC Barcelona Star To Stay At Club

This Decisive Talk Convinced FC Barcelona Star To Stay At Club

about 5 hours ago

Manhunt Still Under Way For Shooter Who Killed Charlie Kirk, As Detained ‘Subject’ Is Released After Questioning (Live Updates)

Manhunt Still Under Way For Shooter Who Killed Charlie Kirk, As Detained ‘Subject’ Is Released After Questioning (Live Updates)

about 5 hours ago

Merck scraps £1bn London expansion as report warns UK drugs sector ‘losing out’

Evening Standard

Merck scraps £1bn London expansion as report warns UK drugs sector ‘losing out’

about 6 hours ago

Games such as Omaze and McDonald’s Monopoly ‘normalising gambling’, says charity

Evening Standard

Games such as Omaze and McDonald’s Monopoly ‘normalising gambling’, says charity

about 6 hours ago

Chancellor says economy ‘stuck’ as Treasury reviews business rates cliff edges

Chancellor says economy ‘stuck’ as Treasury reviews business rates cliff edges

about 6 hours ago

More commuters cycling to work because of Tube strike, new figures suggest

More commuters cycling to work because of Tube strike, new figures suggest

about 6 hours ago

Business news live: Klarna shares soar after huge IPO, Elon Musk regains richest person tag - but only just

Business news live: Klarna shares soar after huge IPO, Elon Musk regains richest person tag - but only just

about 7 hours ago

Formulating An Artificial General Intelligence Ethics Checklist For The Upcoming Rise Of Advanced AI

Formulating An Artificial General Intelligence Ethics Checklist For The Upcoming Rise Of Advanced AI

about 7 hours ago

WWE WrestlePalooza – John Cena Vs. Brock Lesnar – Date, Time & How To Watch

WWE WrestlePalooza – John Cena Vs. Brock Lesnar – Date, Time & How To Watch

about 7 hours ago

John Lewis blames budget tax hikes for deeper loss

John Lewis blames budget tax hikes for deeper loss

about 7 hours ago

UK fashion brand sold in Next and M&S on the brink of collapse

about 7 hours ago

Debenhams slashes TOG24's 'slimming' and 'warm' raincoat by half price

Debenhams slashes TOG24's 'slimming' and 'warm' raincoat by half price

about 7 hours ago

'I work 70 hours a week just to afford living in London - I have to work two jobs'

'I work 70 hours a week just to afford living in London - I have to work two jobs'

about 7 hours ago

Best and worst UK postcodes for mobile coverage revealed

Best and worst UK postcodes for mobile coverage revealed

about 7 hours ago